Majid Al Futtaim, a family-owned conglomerate which operates shopping malls, retail and hotel establishments in the Middle East and North Africa, has unveiled luxury retail expansion plans with Italian brand partnerships and more than 30 new stores across the Middle East in 2025. The expansion strategy includes the introduction of Eleventy, Corneliani and Poltrona Frau … Read more
Many of the world’s largest shipping nations will decide Friday whether to impose a tax on carbon emissions from ships. If the 174 International Maritime Organization members present — all but the United States — reach an agreement, it would effectively be the world’s first global carbon tax. The previous day, delegates approved a proposal … Read more
A penguin was reportedly the cause of a helicopter crash in South Africa. According to the BBC and U.K. newspaper The Telegraph, a report by the South African Civil Aviation Authority stated that the unsecured bird, which had been put in a cardboard box, slipped off a passenger’s lap and hit the pilot’s controls on … Read more
Rising tensions in the east African country of South Sudan, culminating in the 26 March arrest of Vice-President Riek Machar, have sparked concerns that the world’s youngest nation is heading for another civil war. His party, the Sudan People’s Liberation Movement In Opposition (SPLM-IO), has said that his house arrest “effectively brings… to a collapse” … Read more
For many viewers from China, 49-year-old Chai Jing was at the pinnacle of television news. In 2023, she resurfaced on YouTube, and her program has become one of the most popular overseas Chinese-language news productions. Chai Jing hide caption toggle caption Chai Jing HONG KONG — Weeks before Ukraine said men from China are fighting … Read more
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways High prices and limited production prospects for aviation fuel deemed sustainable are adding to costs for European airlines, making more expensive fares likely in … Read more
BEIJING— China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday. The U.S. and China have escalated trade war by raising tariffs even as U.S. President Donald Trump hit a pause on tariffs for other countries. Trump’s universal tariffs on China total 145%. When Trump announced Wednesday that China … Read more
People stand outside a brokerage house as an electronic board displays shares trading index in the Central Business District, in Beijing on Thursday. Andy Wong/AP hide caption toggle caption Andy Wong/AP HONG KONG — Beijing retaliated Friday to higher U.S. tariffs on Chinese goods, slapping 125% tariffs on U.S. goods after a brief delay that … Read more
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways An Israeli airstrike on a house in Khan Younis, in the southern Gaza Strip, has killed 10 members of the same family, the Palestinian … Read more
Following Yoon Suk Yeol’s removal as South Korea’s president, an image of a celebratory poster written in Chinese surfaced in posts that claim it was evidence of a conspiracy by the opposition party and China to unseat him. But the material is from local anti-Yoon rallyists, who put up multilingual posters in Seoul explaining protests … Read more